Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Meta's $29 Billion deal marks key moment for private credit [Los Angeles Times (CA)]

Meta Platforms, Inc. - Class A (META) 
Major lenders, which often cater to companies with dented credit, talk endlessly about the opportunities in investment-grade debt and in financing the breakneck growth of artificial intelligence. They've done smaller deals, but this week they caught the biggest fish yet: a $29 billion financing package for Meta Platforms Inc.'s massive data center in Louisiana. That transaction, led by Pacific Investment Management Co. and Blue Owl Capital Inc., hits all the high notes: It's a top-notch business in a hot sector. It disrupts the usual route that companies like Meta travel to get money from investors through banks. And, it's huge. “Private credit has been itching to get into this space,” said John Medina, senior vice president on the global project and infrastructure finance team at Moody's Ratings. “This deal is one of the first of its kind for private credit and if it is successful, we would expect to see more.” The biggest technology companies are in an AI arms race now, and t Show less Read more
Impact Snapshot
Event Time:
META
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for META alerts
Opt-in for
META alerts

from News Quantified
Opt-in for
META alerts

from News Quantified